
US Imposes Sanctions on Cuba's State Oil Company
The United States has imposed new sanctions on Cuba's state oil company, CUPET, amidst an ongoing energy crisis in the country. This action also blocked a deal by a Florida-based company to supply fuel to Cuba.
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U.S. Blocks Deal by Florida-based Vanguard Energy to Supply Fuel to Cuba
The deal to ship 250,000 barrels of fuel to Cuba could have eased an energy crisis. But the Trump administration says Vanguard Energy lacks the authorization to proceed.
By Simon Romero
Read full article →US Imposes Sanctions On Cuba State Oil Company Amid Energy Crisis
US Secretary of State Marco Rubio asserted that key assets of the company, known as Cupet, were "unlawfully expropriated from American owners years ago."
Read full article →Coverage Timeline
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